Monday 6th of April will see the biggest reform to pensions in more than a generation with savers granted greater freedoms – and responsibility – to manage their pensions pots like never before.
Some of the key changes include:
- Greater access to your pension savings from the age of 55
- Freedom to take unlimited lump sums or income from your pension.
- Greater flexibility over what you can do with your pension pot making investing in a pension even more attractive.
We have developed a guide especially for you to lay out the facts of what the new pension regime means for your retirement planning.
At TD we believe offering customers control over their retirement planning is crucial, so, as well as the guide we have also developed a range of tools and guides to give you all the support you need to manage your retirement plan effectively.
You can also watch an exclusive interview with Michelle Cracknell – CEO of the Pensions Advisory Service which summarises the changes.
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